Copper hits record high on supply fears
Market hit by disruption to production and Donald Trump’s tariffs
Economic news
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Phoenix in talks to raise more than £1bn to bolster its pensions buyout business
FTSE 100 group confirms it has held discussions with potential partners over pension-risk transfer unit fundraising
EU pressed to back critical minerals projects as China tightens grip
European policymakers are racing to secure raw materials after Beijing imposed export controls earlier this month
Lakshmi Mittal’s energy venture bought Russian oil transported on blacklisted ships
Indian refinery received at least four crude shipments this year worth almost $280mn on sanctions-listed vessels